Dow Jones Open is Falling Like Nothing I've Seen! | |
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pmb1 User ID: 71716190 United States 06/27/2016 09:56 AM Report Abusive Post Report Copyright Violation | Who gives a fuck? Good and it will miraculously heal as it always will. Do you even 2008 bro? Quoting: Anonymous Coward 44804632 Are you asking me a question? I'm confused. You rephrased do you even lift bro, clearly. What you've said makes absolutely no sense and lacks context completely. I think he means do you remember 2008. Worry when you see the Dow go down to about 10,000. However as I have explained before to others it wouldn't even take that. Back in 2008 the stock market was at about 13,000. Then dropped down to just below 10,000. Same thing during 911. However then it was a bad thing that it dropped because everyone was so happy that for the first time ever it had gone over 10,000. It went down to about 8000 after 911. So that would mean we would have to drop down about -6000 points or better for the same effects as back then. We are slowly getting there with over -700 points Friday. |
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Anonymous Coward User ID: 34166608 United States 06/27/2016 10:04 AM Report Abusive Post Report Copyright Violation | I wouldn't go that far yet. As of this post it's only -206 BUT that could change in a heartbeat. Considering all that has been happening I would call that "stable." But it's only been open an hour. Let's see what surprises lie ahead. [link to finance.yahoo.com] |
pmb1 User ID: 71716190 United States 06/27/2016 10:12 AM Report Abusive Post Report Copyright Violation | I wouldn't go that far yet. As of this post it's only -206 BUT that could change in a heartbeat. Considering all that has been happening I would call that "stable." But it's only been open an hour. Let's see what surprises lie ahead. [link to finance.yahoo.com] Well either way though it can create more issues in the following days. Why? Because according to what I have read about is this,and even the local WRAL news was talking about this, if 401k"s lose cash on stocks then they must sell said stocks within 5 days, so after what happened Friday and then more negative today well we know that means more negatives are coming, and yes 401k's lost cash Friday. |
Anonymous Coward User ID: 26758255 United States 06/27/2016 10:20 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 72466106 United States 06/27/2016 10:20 AM Report Abusive Post Report Copyright Violation | Who gives a fuck? Good and it will miraculously heal as it always will. Do you even 2008 bro? Quoting: Anonymous Coward 44804632 Are you asking me a question? I'm confused. You rephrased do you even lift bro, clearly. What you've said makes absolutely no sense and lacks context completely. I think he means do you remember 2008. Worry when you see the Dow go down to about 10,000. However as I have explained before to others it wouldn't even take that. Back in 2008 the stock market was at about 13,000. Then dropped down to just below 10,000. Same thing during 911. However then it was a bad thing that it dropped because everyone was so happy that for the first time ever it had gone over 10,000. It went down to about 8000 after 911. So that would mean we would have to drop down about -6000 points or better for the same effects as back then. We are slowly getting there with over -700 points Friday. down 610 Fri down nearly 270 so far & mkts not open 60 min yet we will see |
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Dances With Fire User ID: 52680061 United States 06/27/2016 10:26 AM Report Abusive Post Report Copyright Violation | Apparently you weren't around in 1987. Free speech is never free. Well I know it wasn't you who held me down Heaven knows it wasn't you who set me free So often times it happens that we live our lives in chains And we never even know we have the key - Eagles |
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Anonymous Coward User ID: 72459371 Australia 06/27/2016 12:14 PM Report Abusive Post Report Copyright Violation | This. My gosh, this is nothing. You are all frothing for doom. Brexit is no big deal. You're all following the wrong doom... yep, this is the one to watch. [link to www.bloomberg.com] |
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